Cement News tagged under: Consumption
Cemex Philippines sees 2H acceleration08 June 2017, Published under Cement NewsCemex Holdings Philippines Inc is optimistic that its sales volumes will recover from the subdued first quarter and grow by three per cent by the end of the year from the 5.1Mt of cement it sold in 2016, the Manila Bulletin reports. In an interview after the firm's annual stockholders' meeting, Cemex Vice President for Communications, Marketing and Investor Relations, Paul Vincent Arcenas, said they expect a rebound in sales volume in the second half of the year. "The second half is (e... |
Vietnam Jan-May sales up 6%07 June 2017, Published under Cement NewsVietnam sold 33.27Mt of cement in the first five months of this year, an increase of six per cent YoY, fulfilling 41.58 per cent of the whole-year target, the country's Ministry of Construction said. The volume included 24.76Mt of domestic sales, up one per cent YoY, and 8.5Mt of exports, the ministry added. However, local cement producers have encountered difficulties in promoting exports of their clinker and cement due to export duties. These have directly affected domestic cement p... |
HeidelbergCement India expects 6-7% market growth07 June 2017, Published under Cement NewsHeidelbergCement India expects cement demand to increase by 6-7 per cent in FY17-18, with the government’s focus on infrastructure being considered a key driver. The company also said that while prospects of a normal monsoon bode well for the industry, oversupply may restrict the ability to pass on any input cost increase, it said in an investor presentation. The Economic Times of India highlighted that HeidelbergCement cited prospects of normal monsoons, increased focus and outlay fo... |
US and Puerto Rico March shipments down slightly06 June 2017, Published under Cement NewsTotal shipments of Portland and blended cement in the US and Puerto Rico in March 2017 were about 7.5Mt, slightly less than sales in March 2016, the US Geological Survey (USGS) reported yesterday. The leading producing states were Texas, California, Missouri, Florida and Alabama, in descending order. The leading cement-consuming states received 46 per cent of the March shipments. Shipments for the year through March were nearly 19Mt, slightly higher than in the same period of 2016, Clin... |
Pakistan: growth in local cement consumption unabated05 June 2017, Published under Cement NewsPakistan's cement industry dispatches to domestic markets during May 2017 stood at 3.399Mt compared to 3.065Mt during same month last year. The home market shows a healthy increase of 10.90 per cent on YoY basis. However, exports during May 2017 were 0.309Mt, against 0.558Mt during May 2016, showing a reduction of 44.58 per cent. Total dispatches (local and export) during May 2017 were 3.708Mt, compared to 3.623Mt during same month last year, showing an increase of 2.36 per cent. On cu... |
Pakistan cement sector prospects02 June 2017, Published under Cement NewsPakistan's construction industry is thriving and is expected to continue doing so in the foreseeable future. However, to maintain healthy capacity utilisation rates, increased exports are needed. The acceleration in construction sector activity and the government's infrastructure and housing initiatives has seen cement consumption increasing by 17.6 per cent in 2016 to reach 34.7Mt. Growth in the cement sector has been underpinned by robust domestic demand, which has enabled local... |
SFIC: French cement demand to grow 3-4% in 201702 June 2017, Published under Cement NewsA boom in the French housing market is fuelling domestic cement demand. While in 2016 cement consumption reached 17.5Mt, the market is expected to continue its expansion this year to around 18Mt. “Our statisticians forecast a growth of 3-4 per cent in 2017, representing a cement demand between 17.9-18.1Mt,” said Raoul de Parisot, president of the French cement association, SFIC. “In the first quarter, we have seen sales advance between 1-2 per cent. But we expect an acceleration in th... |
Lafarge reports higher sales from Czech operations01 June 2017, Published under Cement NewsLafarge Cement's sales increased by nearly two per cent YoY to CZK992m (EUR37.6m) in 2016. The company expects a moderate growth or stagnation of the Czech market for this year, according to company spokeswoman Milena Hucanova. The results benefitted from an increase in local consumption, Ms Hucanova told CTK Business News. Full-year net profit amounted to CZK206m, up by 23 per cent YoY. The rise in net profit was also influenced by cost savings in terms of materials and energy consum... |
Paraguay: INC welcomes Senate move on cement use31 May 2017, Published under Cement NewsThe president of Paraguay’s Industria Nacional de Cemento (INC), Jorge Méndez, has welcomed the approval granted by the country’s Senate of a bill that establishes the use of domestic cement in road construction. Mr Méndez said if the initiative is also passed in the National Congress and accepted by the government, it will contribute to the growth of the country not only in terms of benefits to its citizens, but will contribute to maintaining the country’s currency stock as the cement wi... |
Colombian market contracts 15%30 May 2017, Published under Cement NewsIn April 2017 cement consumption in Colombia fell 14.9 per cent to 0.9Mt from 1.058Mt in April 2017, according to Colombia’s statistics office, Dane. Sales across all distribution channels slipped with construction companies and contractors requiring 19.1 per cent less, ready-mix companies 16.6 per cent lower volumes and a 12 per cent reduction at retail level. In terms of departments, the key regions of Bogotá noted a 15 per cent reduction in demand, Antioquia -9.8 per cent and Santa... |